Latin Metals Provides Update on Partner-Funded Exploration, Cerro Bayo Gold–Silver Project, Argentina
Latin Metals Provides Update on
Partner-Funded Exploration,
Cerro Bayo Gold–Silver Project, Argentina
NR26-02 January 20, 2026
Vancouver, B.C. – Latin Metals Inc. ("Latin Metals " or the " Company") (TSXV: LMS)
(OTCQB: LMSQF) is pleased to provide an update on exploration activi ties at the Cerro Bayo
Gold–Silver Project, where its option partner, Daura Gold Corp. ( "Daura"), has completed
approximately 27 line-km of pole–dipole induced polarization ( "IP") surveying over previously
identified target areas to refine drill target s ahead of a planned 1,500 meters diamond drilling
program , expected to commence in mid-February 2026. Cerro Bayo is fully drill permitted.
The IP survey has delineated multiple chargeab ility and resistivity anomalies interpreted to
reflect structurally controlled zones, including silicified veins and potential mineralizing conduits.
Integration of the IP data with historical ge ochemical sampling and earlier gradient array IP
surveys has resulted in the definition of 15 priority drill target areas. A total of 22 drill holes are
planned to be completed in this phase of drilling.
In parallel with preparation for the Phase 1 drill program, Daura has initiated a regional gradient
array IP survey in the northern portion of the pr oject area. Results from this work will be
incorporated into ongoing target definition and planning for potential follow-up drilling.
Upcoming Events
Latin Metals is pleased to announce its partic ipation in several Q1 202 6 industry conferences,
providing a platform to connect with investors, industry leaders, and potential partners:
VRIC – Vancouver, January 25-26, 2026
CEM – Whistler, February 6-8, 2026
PDAC – Toronto, March 1–4, 2026
These events offer valuable opportunities to share Latin Metals’ exploration progress in
Argentina and Peru, highlight the advantages of its low-dilution prospect generator model, and
explore strategic investment and partnership o pportunities across its gold, copper, and silver-
focused portfolio.
About Latin Metals
Latin Metals Inc. is a copper, gold and silver exploration company operating in Peru and Argentina
under a prospect generator model, minimizing ri sk and dilution while maximizing discovery
potential. The company secures option agreemen ts with partners to fund exploration. This
approach provides early-stage exposure to high-v alue mineral assets. Latin Metals is actively
seeking new strategic partners to advance its portfolio.
NR26-02 Continued 2 January 20, 2026
Stay Connected
Follow Latin Metals on YouTube, X, Facebook, LinkedIn and Instag ram to stay informed on our
latest developments, exploration updates, and corporate news.
Qualified Person
Eduardo Leon, QP, is the Company's qualified pers on as defined by NI 43-101 and has reviewed
the scientific and technical information that forms the basis for portions of this news release. He
has approved the disclosure herein. Mr. Leon is not independent of the Company, as he is an
employee of the Company and holds securities of the Company.
On Behalf of the Board of Directors of
LATIN METALS INC.
“Keith Henderson”
President & CEO
For further details on the Company, readers are referred to the Company's website (www.latin-
metals.com) and its Canadian regulatory filings on SEDAR+ at www.sedarplus.com.
For further information, please contact:
Keith Henderson
Suite 870 – 320 Granville Street,
Vancouver, BC, V6C 1S9
Elyssia Patterson, VP Investor Relations
Email: [email protected]
Phone: 778-683-4324
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
news release.
Cautionary Note Regarding Forward-Looking Statements
This news release contains forward-looking statements and forward-looking information (collectively, "forward-looking
statements") within the meaning of applicable Canadian and U.S. se curities legislation, including the United States Private
Securities Litigation Reform Act of 1995. All statements, other than statements of hi storical fact, included herein including,
without limitation, the anticipated content, commencement, timing and cost of exploration programs in respect of the Property
and otherwise, anticipated exploration program results from exploration activities, and the Company's expectation that it will be
able to enter into agreements to acquire interests in additional mineral properties, the discovery and delineation of mineral
deposits/resources/reserves on the Properties, and the anticipated business plans and timing of future activities of the Company,
are forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance
that such expectations will prov e to be correct. Often, but not always, forward looking information can be identified by words
such as "pro forma", "plans", "expects", "may", "should", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates",
"believes", "potential" or variations of such words including negative variations thereof, and phrases that refer to certain actions,
events or results that may, could, would, might or will occur or be taken or achieved. In making the forward-looking statement s
in this news release, the Company has applied several material assumptions, including without limitation, market fundamentals
NR26-02 Continued 3 January 20, 2026
will result in sustained precious and base metals demand and prices, the receipt of any necessary permits, licenses and regulatory
approvals in connection with the future development of the Com pany’s Argentine projects in a timely manner, the availability of
financing on suitable terms for the develo pment, construction and continued oper ation of the Company projects, and the
Company’s ability to comply with environmental, health and safety laws.
Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results,
performance or achievements of the Company to differ materially from any future results, performance or achievements expressed
or implied by the forward-looking information. Such risks and other factors include, among others, operating and technical
difficulties in connection with mineral exploration and development and mine development activities at the Properties, including
the geological mapping, prospecting and samplin g programs being proposed for the Proper ties (the "Programs"), actual results
of exploration activities, including the Pr ograms, estimation or realization of mine ral reserves and mineral resources, the timing
and amount of estimated future production, costs of production, capital expenditures, the costs and timing of the development of
new deposits, the availability of a sufficient supply of water and other materials, requirements for additional capital, future prices
of precious metals and copper, changes in general economic conditions, changes in the financial markets and in the demand and
market price for commodities, possible variations in ore grade or recovery rates, possible failures of plants, equipment or processes
to operate as anticipated, accidents, labour disputes and other risks of the mining industry, delays or the inability of the Company
to obtain any necessary permits, consents or authorizations required, any current or future property ac quisitions, financing or
other planned activities, changes in laws, regulations and polici es affecting mining operations , hedging practices, currency
fluctuations, title disputes or claims limitations on insurance coverage and the timing and possible outcome of pending litigation,
environmental issues and liabilities, risks re lated to joint venture operations, and ris ks related to the integration of acquis itions,
as well as those factors discussed under th e heading as well as those factors discussed under the he ading “Risk Factors” in the
Company’s annual management’s discussion and analysis and othe r filings of the Company with the Canadian Securities
Authorities, copies of which can be found under the Company’s profile on the SEDAR+ website at www.sedarplus.ca.
Readers are cautioned not to place undue reliance on forward look ing statements. Except as ot herwise required by law, the
Company undertakes no obligation to update any of the forward-look ing information in this news release or incorporated by
reference herein.
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